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CMP Mining Inc. Announces Leadership Changes and NewLoan to Support Exploration
Vancouver, B.C — July 2, 2026 — CMP Mining Inc. (CSE: CMP), a mineral exploration company focused on its Coquigold Property near Merritt, British Columbia, announced significant leadership changes and a new financing plan. The company reported the resignation of three directors, including its CEO, effective June 30, 2026, and disclosed intentions to bring in new directors by July 6, 2026.
Norm Yurik, a director at CMP, thanked the outgoing directors, Terri Anne Welyki, Paul Cowley, and Elyssia Patterson, for their contributions and wished them success in future endeavors. Welyki, who also served as CEO, resigned from her position as part of the board changes. The company is actively searching for a successor to the CEO role, although no other operational changes have been announced that could impact ongoing exploration efforts.
Further, CMP Mining Inc. revealed its plan to provide an arm’s-length loan of up to CAD $30,000, expected to be finalized by July 7, 2026. The loan will serve for general working capital purposes, accruing interest at a rate of 9% per annum with annual compounding. This financial move aims to support the company’s ongoing exploration activities and operational needs.
CMP’s primary project, the Coquigold Property, remains the focal point of its mineral exploration ambitions. Located near Merritt, the British Columbia project is part of the company’s broader strategy to develop mineral resources in the region. While leadership transitions are underway, CMP continues to emphasize its commitment to exploring the Coquigold Property.
The company’s disclosure record is available on SEDARPLUS at www.sedarplus.ca for additional details. Investors and interested parties can reach CMP by telephone at 236-326-3409. The company’s management underscores that forward-looking statements, including plans for the exploration and development of the Coquigold Property, are subject to various risks and uncertainties that could cause actual results to differ significantly from projections.
As of the date of this release, the company anticipates that the leadership restructuring and new financing will support its strategic objectives and exploration programs. The CSE has not reviewed or approved the content of this news release.